• Asian stocks creep ahead, tech sector a drag

    SYDNEY (Reuters) - Asian share markets crept higher on Thursday as dovish comments from the head of the U.S. Federal Reserve lifted Wall Street while weighing on the dollar, with trade light heading2:20 AM ET | Reuters

  • Weak U.S. prices, not inflation, the threat now: Fed's Yellen

    NEW YORK (Reuters) - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S.4/16/2014 | Reuters

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[BRIEFING.COM] The stock market finished the Wednesday session on an upbeat note with the Nasdaq (+1.3%) ending in the lead. The S&P 500 settled higher by 1.1% with all ten sectors posting gains.

The benchmark index spent the entire trading day in the green, rallying to new highs during the last hour of action. The tech-heavy Nasdaq, meanwhile, briefly dipped into the red during morning action, but was able to recover swiftly.

Stocks began the trading day with modest gains ... More


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